Adani Secures ₹36,000 Crore Redevelopment Project for Mumbai's Motilal Nagar

The Adani Group has secured the redevelopment rights for the 142-acre Motilal Nagar project in Mumbai, marking its third major real estate undertaking in the city. This project, in partnership with MHADA, includes the rehabilitation of 3,372 residential units and the addition of 328 commercial units.

Real EstateRedevelopmentAdani GroupMhadaMumbaiReal Estate MumbaiJul 08, 2025

Adani Secures ₹36,000 Crore Redevelopment Project for Mumbai's Motilal Nagar
Real Estate Mumbai:The Adani Group has officially secured the redevelopment rights for the Motilal Nagar colonies in Goregaon West. The ₹36,000 crore project, covering 142 acres, is being undertaken in partnership with the Maharashtra Housing and Area Development Authority (MHADA). This marks the conglomerate’s third major real estate undertaking in the city, following the high-profile Dharavi redevelopment and its land acquisition at Bandra Reclamation.

The agreement was signed on July 7 at MHADA headquarters in the presence of key officials, including MHADA Vice President and CEO Sanjeev Jaiswal and Adani Properties Pvt. Ltd. Director Pranav Adani. With this development, Adani has been formally appointed as the Construction and Development (C&D) agency for the Motilal Nagar project, which will be implemented under MHADA’s framework.

Motilal Nagar 1, 2, and 3 colonies collectively comprise around 3,700 existing tenements. Under the redevelopment plan, approximately 3,372 eligible residential units will be rehabilitated. In addition, 328 commercial units and 1,600 slum tenements, as recognized under the 1971 Slum Act, will be included in the project’s rehabilitation package. MHADA also confirmed that non-residential tenants will receive a total of 987 square metres of commercial space.

The construction of these units will be spread over an estimated built-up area of 584,100 square metres. Completion of the rehabilitation phase is expected within a seven-year timeline. A central five-acre park and mobility infrastructure are also part of the overall design blueprint.

To develop the master plan, Adani Group has brought in global expertise. Dutch architectural firm Mecanoo has prepared the urban master plan, while London-based Buro Happold has been assigned the infrastructure planning responsibilities. These firms bring experience in large-scale urban renewal and sustainability planning, aligning with MHADA’s intent to structure the project around modern urban living parameters.

All residential buildings under the rehabilitation scheme are expected to include solar power integration, as part of the sustainability efforts. The planning is also said to focus on improving traffic flow, internal circulation, and public spaces within the project zone.

This project stands out as one of the largest in India being executed under the construction and development model by a public housing authority. Under this model, MHADA is set to receive 397,100 square metres of constructed space from the developer. This addition to MHADA’s inventory is likely to support future public housing allocations in the city.

The Adani Group’s involvement signifies a larger trend of private-sector participation in government-led redevelopment, particularly in land-starved Mumbai. With the Dharavi redevelopment and Bandra Reclamation project already under its umbrella, Adani’s cumulative land control in Mumbai is expected to play a significant role in shaping real estate dynamics over the next decade.

The Motilal Nagar redevelopment adds to a growing portfolio of public-private projects aimed at revitalising aging housing stock across the city. It also reinforces Goregaon’s position as a strategic growth corridor in Mumbai's western suburbs. The scale of the redevelopment will likely influence land valuations, infrastructure upgrades, and housing supply in the region.

Given the number of families to be rehabilitated and the introduction of new housing inventory, the project could affect property prices and leasing trends in surrounding areas. The integration of large-format parks, commercial zones, and mobility infrastructure may also lead to a reclassification of this zone from a redevelopment precinct to a mixed-use urban cluster.

For MHADA, this partnership reflects a continued effort to leverage private capital and planning expertise for achieving public housing objectives. For Adani, this project further cements its transition into large-scale real estate and infrastructure development beyond its traditional industrial portfolio.

Frequently Asked Questions

What is the total value of the Motilal Nagar redevelopment project?

The total value of the Motilal Nagar redevelopment project is ₹36,000 crore.

How many residential units will be rehabilitated under the project?

Approximately 3,372 eligible residential units will be rehabilitated under the project.

Who are the key partners in the Motilal Nagar redevelopment project?

The key partners in the Motilal Nagar redevelopment project are the Adani Group and the Maharashtra Housing and Area Development Authority (MHADA).

What are the sustainability features included in the project?

The project includes solar power integration in all residential buildings and a focus on improving traffic flow, internal circulation, and public spaces.

How long is the expected completion timeline for the rehabilitation phase?

The completion of the rehabilitation phase is expected within a seven-year timeline.

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